SOLUTION: The owner of a pizza parlor wants to make a profit of 80% of the cost for each pizza sold. If it costs $1.95 to make a pizza, at what price should each pizza be sold?

SOLUTION: The owner of a pizza parlor wants to make a profit of 80% of the cost for each pizza sold. If it costs $1.95 to make a pizza, at what price should each pizza be sold?

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Question 836537: The owner of a pizza parlor wants to make a profit of 80% of the cost for each pizza sold. If it costs $1.95 to make a pizza, at what price should each pizza be sold?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
if you mean that the profit should be 80% of the cost of making the pizza.
1.80*1.95=3.51
or
if you mean that 80% of the selling price should be profit
.80(x)=(x-1.95)
x = 9.75

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